Pakistan’s export boosted in four months to reach Rs.2.7 Billion
Pakistan’s over all exports from the country in the rupee term witnessed an increase of 29.96 percent during the first four months of the current fiscal year. Exports during July-October (2023-24) were recorded at Rs. 2,767,606 million, reported By Pakistan Bureau of Statistics.
Economic instability halted the growth of LSM production
Large Scale Manufacturing Industries (LSMI) in the country showed a growth of 0.68 per cent during the first quarter of the current fiscal year.
Pakistan services exports Decline in FY 23-24
Pakistan earned foreign exchange worth $1,707 Million from exports of various services during the first quarter (Q1) of the current fiscal year (2023-24), Pakistan Bureau of Statistics (PBS) reported.
Automobile Sector: Rise in Tractor production of 6.71% growth from July-August
Local tractor assembling during the July and August of the current financial year, grew by 6.71 percent. During the period under review, the local assembling of jeeps and cars decreased by 53.91 percent as about 14,328 jeeps and cars assembled as against the assembling of 31,085 jeeps and cars.
Pakistan’s Rice exports decline by 164,525 MT in FY-23
Over the past three months, the Basmati rice exports registered a growth of 20.48 per cent as 134,839 metric tons of Basmati rice, valued at $131.611 million.
Pakistan IT exports reaches $448 Million in July-August
Pakistan earned US $448.971 million by providing different Information Technology (IT) services in various countries during the first two months of the current fiscal year.
Pakistan exports surge by Rs.2 Trillion in Q1
The exports from the country in the rupee term witnessed an increase of 25.54 percent during the first quarter (Q1) of the current fiscal year.
Pakistan textile exports in decline by 9.95% in first quarter
Pakistan exported textile products worth $4,127.790 million during the first quarter (Q1) of the current financial year (2023-24).
Pakistan earns $70.969 Million by exporting transport services in July
Pakistan earned US $70.969 million by providing different transport services in various countries during the first month of the current fiscal year (2023-24) as compared to the corresponding period of last year. This shows a decline of 5.32 percent as compared to $74.960 million earned through the provision of services during the corresponding month of…
Trade deficit narrows by 42% in 1st quarter
The trade deficit contracted by 42.25 percent during the first quarter of the current fiscal year compared to the corresponding period of last year, Pakistan Bureau of Statistics reported. The Trade deficit during July-September (2023-24) was recorded at $5.289 billion as against the deficit of $9.159 billion in July–September (2022-23), showing negative growth of 42.25…